(MENAFN) Official data showed that China's exports decline has narrowed in May, while imports were unexpectedly weak, adding to concerns about the country's trade prospects, Xinhua reported.
Exports slipped 2.8 percent to USD191.16 billion last month, recovering from a 6.2-percent drop in April and a 14.6-percent slump in March, the General Administration of Customs (GAC) said.
Meanwhile, official data showed imports slumped 18.1 percent compared to a year ago to USD130.96 billion, dragging total foreign trade volume down by a 9.7-percent drop.
"Looking forward, we expect continued gradual recovery in export demand going into the second half as the economic growth outlook perks up for the G3 in the second quarter," an analyst with CICC said.
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